Zacks Investment Research upgraded Matrix Service Co (NASDAQ:MTRX) to Hold in a report released today.
- Updated: November 29, 2016
Yesterday Matrix Service Co (NASDAQ:MTRX) traded 1.00% higher at $20.30. The company’s 50-day moving average is $18.67 and its 200-day moving average is $17.54. The last stock close price is up 15.76% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 176,608
Zacks Investment Research has upgraded Matrix Service Co (NASDAQ:MTRX) to Hold in a report released on 11/30/2016.
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Matrix Service Co has a 52 week low of $14.07 and a 52 week high of $23.44 with a P/E ratio of 19.35 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $23.00 with 4 firms rating the stock a strong buy, 1 firm rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Matrix Service Co (NASDAQ:MTRX)
Matrix Service Company provides engineering, fabrication, infrastructure, construction and maintenance services primarily to the oil, gas, power, petrochemical, industrial, mining and minerals markets. The Company's segments include Electrical Infrastructure, Oil Gas & Chemical, Storage Solutions and Industrial. The Electrical Infrastructure segment primarily includes construction and maintenance services to a range of power generation facilities, such as combined cycle plants, natural gas fired power stations and renewable energy installations. The Oil Gas & Chemical segment includes turnaround activities, plant maintenance services and construction in the downstream petroleum industry. The Storage Solutions segment includes new construction of crude and refined products aboveground storage tanks (ASTs), as well as planned and emergency maintenance services. The Industrial segment includes construction and maintenance work in the iron and steel and mining and minerals industries.
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